Job Description:

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.

We’re actively seeking a talented Vice President to join our Enterprise Business Insights organization in Newport Beach. Reporting to the SVP – Capital Management & Head of Business Insights, provide leadership to the Enterprise Business Insights organization responsible for producing accurate, timely, high quality financial analysis around expenses and financial results, relevant industry insights, and strategic support to senior management.

How you’ll help move us forward:

• Oversee quarterly and annual financial analysis of company results and financial sensitivities. Communicates accurate picture of company sensitivities and recommendations for actions.
• Works closely with Pacific Life Risk Management, Capital Management and divisions to collaborate across company to understand and analyze business results and financial projections.  Ensures consistency and accuracy of reporting of projections and provides information that is used by senior management.
• Develops strategy for financial communication with external entities: Rating Agencies, Banks, DOI’s, subsidiary/country regulatory agencies, investors. Oversees preparation of Board Report, Rating Agency and other financial presentations.
• Overall responsibility for leading the annual budget consolidation, setting expense efficiency targets, quarterly financial reviews and planning process. Includes consolidating & analyzing financial plan information for communication to senior management.
• Partner with HR on recommendations to senior management on appropriate incentive targets for the business lines and the Enterprise overall.
• Responsibility for delivering curated industry insights by owning and driving the strategy to analyze industry trends, leading and mentoring a lean team of analysts and ensuring they have the appropriate resources, maintaining a SWOT analysis for relevant trends and preparing detailed reports and presentations for senior management, highlighting key findings and recommendations.
• Finance Transformation - Leader of the Business Insights/FP&A workstream with responsibility for delivering the workstream objectives, including 1) Implementation of single global enterprise planning system & process redesign 2) Enterprise financial dashboards 3) Global expense management 4) driver-based planning / forecasting (where appropriate) and 5) Capital forecasting and attribution capabilities (in partnership with the Capital Management team.
• As requested, work with senior management on various initiatives such as disclosure committee, acquisition analysis and due diligence, and new business operations.
• Responsibility for Corporate Division FP&A, including plan development, quarterly forecasting and analysis, and management reporting.
• Partner with Enterprise Capital Management and Divisions to align capital forecast, plan, and results with broader Enterprise financial story / results.
• Partner with Enterprise PMO to establish Enterprise Value Management efforts in line with enterprise projects committee expectations.

The experience you bring:

• Educational Background: A bachelor’s degree in finance, accounting, business administration, or a related field is essential. An MBA, CFA, CPA or other advanced degree or certification is often preferred.
• Experience: Extensive experience in financial planning and analysis (FP&A), corporate finance, corporate strategy or a related field and depth of knowledge in a life and annuity insurance company is key. Leadership experience in managing teams and projects is crucial.
• Technical Skills: Proficiency in financial modeling, forecasting, and analysis. Familiarity with financial software and enterprise planning systems.
• Strategic Thinking: Ability to develop and implement financial strategies, analyze industry trends, and provide actionable insights.
• Communication Skills: Strong verbal and written communication skills for effective interaction with senior management, external entities, and various departments.
• Collaboration: Experience working cross-functionally with different departments and business lines such as risk management, capital management, and strategy.
• Project Management: Skills in managing large-scale projects, including finance transformation initiatives and system implementations.
• Analytical Skills: Strong analytical and problem-solving abilities to interpret complex financial data and provide recommendations.
• Regulatory Knowledge: Understanding of regulatory requirements and experience in preparing financial reports for external entities like rating agencies and regulatory bodies.
• Leadership: Proven ability to lead and develop teams, manage performance, and drive organizational goals.

#Hybrid

Salary range $250,000 - $300,000

Base Pay Range:

The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

Your Benefits Start Day 1
 

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

• Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents

• Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off

• Paid Parental Leave as well as an Adoption Assistance Program

• Competitive 401k savings plan with company match and an additional contribution regardless of participation

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.